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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) As used in this section:
(1) “School district” means any school district in which is located a redevelopment district for which bonds have been issued pursuant to K.S.A. 12-1770 et seq., and amendments thereto.
(2) “Base year assessed valuation,” “redevelopment district” and “redevelopment project” shall have the meanings ascribed thereto by K.S.A. 12-1770a, and amendments thereto.
(b) No later than November 1 of each year, the county clerk of each county shall certify to the state board of education the assessed valuation of any school district located within a redevelopment district in such county. For the purposes of this section and for determining the amount of state aid for school districts under K.S.A. 72-5145 1 and K.S.A. 72-5462, and amendments thereto, the base year assessed valuation of property within the boundaries of a redevelopment district shall be used when determining the assessed valuation of a school district until the bonds issued pursuant to K.S.A. 12-1770 et seq., and amendments thereto, to finance redevelopment projects in the redevelopment district have been retired.
Cite this article: FindLaw.com - Kansas Statutes Chapter 12. Cities and Municipalities § 12-1776a. School districts; base year assessed valuation - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-12-cities-and-municipalities/ks-st-sect-12-1776a/
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